Geothermal Heating & Cooling Home Ownership Questions & Answers

(October 16, 2014)

Our real estate team at The BC Home Hunter Group are of course constantly receiving questions of all kinds from our buyers, sellers, the public and other real estate professionals regarding the advances in home construction, materials, technology, costs etc.

The question of potential benefits and costs of Geothermal was broached by our fabulous home selling client, Simone. Here is our answer.

New home construction technology advances and how they apply here British Colubmbia's very diverse geogography and climates now offers home buyers and owners excellent choices. Our real estate team are huge fans of geothermal in suitable locations and scenarios however it is not always suitable for all situations.

Cost, support and installation of the technology does play an important role. Don't hesitate to call or email our sales and client support team members with any of your questions or concerns any time, 604-767-6736.

As a home owner you do not want to be in a situation where capital expenditures for infrastructure are necessary. Avoid capital costs for the outdoor geothermal infrastructure (GHX)

Having GHX (ground loop) fees fixed to a CPI index to avoid potential surprises in rate changes is important.

Geothermal Cooling CycleCooling CycleClean energy. No fossil fuels.Benefits come naturally:50% savings over any other heating/cooling system (2013 rates)Geo systems eliminate the need for unsightly and noisy outdoor A/C unitsInstalling a Geo system in your home is equivalent to removing 1-2 cars from the roadInstalling a Geo system is equivalent to planting 4-5 acres of treesGeo systems remove all risks of carbon monoxide from fossil fuel combustionGeo systems only use 17-25% of total electrical consumption of the total home usageAppraised value of an average size home increases immediately by $15,000 with Geothermal

This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy - Listing data updated on January 21, 2019